After years of doing without a grand prix in the United States altogether, Formula One is gearing up to return to these shores in a big way. The United States Grand Prix is set to take place later this year at the newly constructed Circuit of the Americas in Austin, Texas. And next year, the Grand Prix of America is scheduled to join the calendar in New Jersey, just across the river from Manhattan. But will the Jersey race be ready in time?

According to the latest reports, that second grand prix in the U.S. could be pushed off until 2014. This according to a quote attributed to Bernie Ecclestone, the man who orchestrates the commercial aspects of the sport - including where the races are held.

While he was at it, Ecclestone also reportedly indicated that the French Grand Prix will be back on the calendar within the next couple of years. But rather than holding it at Magny-Cours where it was held from 1991 through 2008, the renewed French Grand Prix - absent from the calendar every year since - will go back to the Paul Ricard circuit where it was held in the 70s and 80s (a track which Ecclestone just happens to own himself).

The arrangement will, according to reports, alternate year-to-year with the Belgian Grand Prix at Spa.